AB Select US Long/Short Portfolio (ASILX)
The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.
Fund Info
| ISIN | US01878T4004 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Dec 11, 2012 |
| Category | Long-Short |
| Min. Investment | $2,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The AB Select US Long/Short Portfolio has a high expense ratio of 1.55%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Select US Long/Short Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AB Select US Long/Short Portfolio had a return of 5.55% year-to-date (YTD) and 14.99% in the last 12 months. Over the past 10 years, AB Select US Long/Short Portfolio had an annualized return of 6.84%, while the S&P 500 had an annualized return of 10.42%, indicating that AB Select US Long/Short Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.55% | 5.05% |
| 1 month | -2.26% | -4.27% |
| 6 months | 12.40% | 18.82% |
| 1 year | 14.99% | 21.22% |
| 5 years (annualized) | 8.06% | 11.38% |
| 10 years (annualized) | 6.84% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.70% | 4.00% | 2.52% | |||||||||
| 2023 | -2.20% | -0.39% | 4.05% | 2.58% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
AB Select US Long/Short Portfolio(ASILX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Select US Long/Short Portfolio (ASILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Select US Long/Short Portfolio granted a 1.33% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.80 | $1.74 | $0.59 | $0.47 | $1.01 | $0.64 | $0.00 | $0.38 | $0.50 | $0.17 |
Dividend yield | 1.33% | 1.41% | 6.51% | 11.92% | 4.28% | 3.54% | 8.71% | 5.03% | 0.00% | 3.35% | 4.18% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Select US Long/Short Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.74 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 |
| 2013 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Select US Long/Short Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AB Select US Long/Short Portfolio was 18.36%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current AB Select US Long/Short Portfolio drawdown is 2.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.36% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -12.3% | Jan 5, 2022 | 297 | Mar 13, 2023 | 214 | Jan 18, 2024 | 511 |
| -11.48% | Oct 4, 2018 | 56 | Dec 24, 2018 | 84 | Apr 26, 2019 | 140 |
| -8.73% | Mar 3, 2015 | 240 | Feb 11, 2016 | 106 | Jul 14, 2016 | 346 |
| -6.84% | Jan 29, 2018 | 9 | Feb 8, 2018 | 114 | Jul 24, 2018 | 123 |
Volatility
Volatility Chart
The current AB Select US Long/Short Portfolio volatility is 2.29%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.